It has felt like we have been talking about the Federal Reserve rate cut for months and months. Finally we have something to say about it: The Fed decided to cut rates, and they cut rates by 50 basis points. Gold responded in true form and touched another record high. At the time of writing gold […]
Earlier on today the European Central Bank announced a 25 basis point cut as they press on with their plans to bring interest rates down. This move surprised absolutely no one. In response gold has been testing new highs against the euro. At the time of writing it looks like it could push through April’s all-time high. Elsewhere, gold has been testing […]
At the time of writing gold is rallying to session highs, sitting above $2,520. This week is all about US employment data releases, and all the information and inference they bring. Tomorrow is the big one: Non-Farm Payrolls data. Non-Farm Payrolls data is always closely watched but there is a particular focus on this week’s […]